Business news from Ukraine

Business news from Ukraine

UKRENERGO AND MOLDELECTRICA SIGN AGREEMENT

National energy company Ukrenergo and Moldelectrica have signed the operation agreement on the creation of a regulating unit as part of the power grids, which contains general technological aspects, provisions and technical conditions for ensuring synchronous operation of the Ukrainian and Moldovan power grids and fully meets the requirements and rules of the European Network of Transmission System Operators for Electricity (ENTSO- Е).
“The agreement regulates and ensures the synchronous operation of the power girds of Ukraine and Moldova, and in the future it will ensure the synchronous operation of the ENTSO-E power system of the continental Europe,” the company said, citing Ukrenergo’s Deputy CEO for Operational Management, Chief Dispatcher Vitaliy Zaichenko in the report.
According to him, the document approved all the required technological conditions in accordance with European rules and standards to regulate the frequency and power capacity within the power grids of Ukraine and Moldova.
Ukrenergo said that a procedure has also been developed for a quick amendment of the agreement required at the moment of the integration of power grids into ENTSO-E.
In addition, the parties agreed on a quarterly monitoring of the implementation of the agreement.
Ukrenergo operates trunk and interstate transmission lines, as well as centralized dispatching of the country’s integrated power grids. Ukrenergo is a state-owned enterprise under Ukraine’s Ministry of Energy and Coal Industry, but it will be transformed into a private joint-stock company soon.

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STATE-OWNED UKRENERGO TO SIGN AGREEMENT WITH MOLDELECTRICA ON SIMULTANEOUS WORK

Ukrenergo plans at the end of 2018 to sign an operational agreement on simultaneous operation in the Ukraine-Moldova control block with Moldelectrica, the press service of the Ukrainian company has reported. “The operational agreement is a contractual basis for the parallel operation of the transmission system operators, which is being worked out in the framework of the action plan for the synchronization of the energy systems of Ukraine and Moldova with ENTSO-E … The final signing of the operation agreement is scheduled for the end of 2018,” the report says.
On September 14 Ukrenergo and Moldelectrica signed three new provisions from the future agreement, and in general 17 provisions are already ready.
“The operating agreement significantly simplifies our contractual base and brings it into full compliance with the European standards. After its final signing, we will be able to cooperate with Moldelectrica according to ENTSO-E rules. To date, the major part of the plan of measures for the development of this important document has already been completed,” Yuriy Kudrenko, the head of the department for ensuring the parallel operation of Ukrenergo’s power systems, said.

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